Trading Edges That Last
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Content Review Euro Almost There S&P 300% Expansion Target Tagged Early Gold Not Strong Enough ...READ MORELawrence's Comment Recap Previous week close rejected and acted as resistance since. We know that bulls and bears have a wide middle ground between 1.35 to 1.37. Since 1.37 was rejected, back ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Y-0 did not act as resistance giving way to a test of Y+1. 100% absolute range expansion completed right before FOMC announcement. Strong reaction after and sent ES back ...READ MORE3DP Odds Table (USDJPY) 2013-08-22Precog Vision – Forex 2011-8-25Intraday Cycle Projection (USDJPY) 2022-01-06MBO Issue 74 (Feb 2018) Embrace the VolatilityNasdaq 100 Oct 29 to Nov 02 OutlookEURUSD Feb 03 to Feb 07 Outlook3DP Odds Table (USDJPY) 2017-06-19Precog Vision – Forex 2012-11-19Dow 30 Jan 06 to Jan 10 OutlookS&P 500 Sep 21 to Sep 25 Outlook
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USDJPY Sep 24 to Sep 28 Outlook
Lawrence’s Comment
Early in the week just continued to shoot higher and tagged Y+2 target. Failed to hold above Y+2 and collapsed back down below Y+1 and completed 100% absolute range expansion. Closed the week above Y-0.
Outlook
Y-0 was never challenged. Hence we cannot tell if buyers would show up there. Since 100% absolute range expansion stopped the pullback so far, it is reasonable to expect B-1 to act as support for a retest of at least B-0 and likely B+1.
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